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Ether
Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.
First Mover Americas: BTC to $15K? As Rally Stalls, Some Traders Fear Another Leg Down
The latest price moves in crypto markets in context for July 26, 2022.
Ether, Solana Lead Losses Among Major Cryptos, Analysts See Further Declines After Fed Rate Hikes
No clear buy signal emerged for bitcoin and a poor macroeconomic situation still dominates, one analyst said.
First Mover Asia: Is DEX Efficiency a Long-Term Threat to Coinbase; Bitcoin Sinks Below $22K
Coinbase’s revenue dwarfs that of the decentralized exchange Uniswap but the two companies are generating roughly the same trading volume; ether plunges.
Market Wrap: Bitcoin Starts the Week in Negative Territory
Bitcoin declines on lower than average volume, offering lower prices but little conviction.
First Mover Americas: BTC and ETH Outperform Traditional Markets in July Despite the Dollar's Strength
The latest price moves in crypto markets in context for July 25, 2022.
First Mover Asia: BTC Falls Below $22.4K; Coinbase Shares Remain Alluring for Institutional Investors
Cathie Wood’s Ark Invest, ETF issuer Exchange Traded Concepts, Cullinan Associates and Utah-based Refined Wealth Management all significantly added COIN to their portfolios as per June 30 filings.
Market Wrap: Bitcoin Finishes the Week in Positive Territory Again
Bitcoin finishes strong, sees correlations with traditional markets narrow to prior levels.
First Mover Americas: Bitcoin Nears $24K as Citi Sees Crypto Contagion in Past (Don't Tell Zipmex)
The latest price moves in crypto markets in context for July 22, 2022.
Ether Breaks $1.6K on Merge Hype, Crypto Funds Price in July Rate Hike
QCP Capital expects the Fed will raise rates by 75 basis points next week.
First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading
The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset.
